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SMM, March 5: Today, rare earth market prices remained generally weak. Specifically, the price of Pr-Nd oxide was adjusted to 440,000-442,000 yuan/mt, dysprosium oxide temporarily stabilized at 1.69-1.71 million yuan/mt, while terbium oxide dropped back slightly to 6.52-6.55 million yuan/mt. Gadolinium oxide prices remained stable at 163,000-165,000 yuan/mt, holmium oxide at 464,000-470,000 yuan/mt, and erbium oxide at 295,000-299,000 yuan/mt.
In terms of metals, Pr-Nd alloy was adjusted to 540,000-544,000 yuan/mt, and dysprosium-iron alloy stabilized at 1.65-1.67 million yuan/mt. Meanwhile, terbium metal dropped back slightly to 8.1-8.16 million yuan/mt. Gadolinium-iron prices remained stable at 159,000-160,000 yuan/mt, while lanthanum-cerium metal stayed at 16,500-18,500 yuan/mt. Overall, despite the emergence of low-priced cargoes, rare earth prices fluctuated within a relatively small range. Major raw material producers maintained their quotations, while some traders tended to sell off previously stockpiled low-priced cargoes, leading to frequent low-price transactions in the market. However, the actual trading volume of rare earths was relatively small, and prices are expected to fluctuate rangebound in the near future.
